Common use of Tax Liability of the Participant and Payment of Taxes Clause in Contracts

Tax Liability of the Participant and Payment of Taxes. (a) The Participant acknowledges and agrees that any income or other taxes due from the Participant with respect to the Granted Shares including, without limitation, the Lapsing Forfeiture Right, shall be the Participant’s responsibility to satisfy and pay. The Company shall have no liability or obligation relating to the foregoing.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Cyclerion Therapeutics, Inc.), Restricted Stock Agreement (Cyclerion Therapeutics, Inc.), Restricted Stock Agreement (Ironwood Pharmaceuticals Inc)

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Tax Liability of the Participant and Payment of Taxes. (a) The Participant acknowledges and agrees that any income or other taxes due from the Participant with respect to the Granted Shares issued pursuant to this Agreement, including, without limitation, the Lapsing Forfeiture Right, shall be the Participant’s responsibility to satisfy and pay. The Company shall have no liability or obligation relating to the foregoingresponsibility.

Appears in 1 contract

Samples: Lease (Enernoc Inc)

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